Molybdenum just keeps getting better and better
As if anyone needed a reason to be more bullish on General Moly (GMO), Thomson Creek (TC) and Molycorp (MCP), here it is. As we know, MCP is the only supplier of molybdenum in the U.S. but soon GMO and TC will be filling the void. While China supplies 97% of the world’s Rare Earth Elements, it is a net importer of molybdenum.
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